Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/46544
Authors: 
Caporale, Guglielmo Maria
Girardi, Alessandro
Ventura, Marco
Year of Publication: 
2011
Series/Report no.: 
CESifo working paper: Monetary Policy and International Finance 3386
Abstract: 
By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate, with a detrimental effect on the competitiveness of the Italian economy.
Subjects: 
Euro changeover
staggered price adjustments
inflation
JEL: 
C22
E31
Document Type: 
Working Paper

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